Fermi Inc. - Common Stock, $0.001 par value (FRMI)

CUSIP: 314911108

Q4 2025 13F Holders as of 31 Dec 2025

Holder snapshot 6 signals
Share change
+43,582,319
Put/Call ratio
87%
SEC-reported price per share
$8.00
Number of holders
158
Value change
+$348,699,819
Number of buys
153
Security identity Names, identifiers, and filing context for this profile. 1 source field
Shares outstanding
637,278,451

Security key

314911108

Report period

Q4 2025

Institutions

158

Top holders

10

Ownership snapshot

Top reported holders of FRMI - Fermi Inc. - Common Stock, $0.001 par value (13F + 13D/G + 3/4/5)

Grouped by holder across the latest SEC ownership disclosures. Start with comparable ownership when available, then verify the linked 13F, 13D/G, or 3/4/5 evidence.

Comparable stake leader
Toby R. Neugebauer
Disclosed value leader
Comparable rows
2/2
Latest evidence
30 Sep 2025
3/4/5 13D/G Lead comparable stake: 24% 13D/G row: Toby R. Neugebauer

Quick read

Toby R. Neugebauer leads the comparable SEC ownership view at 24%.

2 of 2 rows have a safely comparable ownership percentage. Use this as a filing-backed starting point, then open the detailed table for source links, reporting role, position value, share count, and filing date.

Open SEC evidence Opens Toby R. Neugebauer's linked filing trail.
Comparable ownership Top 2
Toby R. Neugebauer 24%
Robert R. Neugebauer 7.9%

Ownership % is shown only when SEC disclosures are safely comparable across share classes.

Detailed SEC evidence table Showing 1-2 of 2 holder rows
Holder Evidence Ownership % Position 12M Net Δ As of
Toby R. Neugebauer
3/4/5 13D/G
President, CEO, Director, 10%+ Owner · Toby Neugebauer
24%
from 13D/G
12,000,000 shares
30 Sep 2025
Robert R. Neugebauer
13D/G
Robert Randolph Neugebauer
7.9%
45,241,787 shares
$0 30 Sep 2025
How to read this table

Rows are grouped by holder and ranked first by SEC-reported ownership % when it is safely comparable, then by disclosed holdings value. indicates unavailable or non-comparable values; "mixed-class rows" means the latest filing spans non-comparable classes.

13F holder rows

Institutional holders as of Q4 2025

Investor-level positions for this CUSIP, loaded as an interactive table.

Institutions
158
Shares
45,309,137
Rows available
158
Investor Option Weight % Change % SEC-reported value * Price Shares Share Change Activity Report Period

* SEC-reported price is the security price as of the portfolio date and can indicate the last known price at which the security was still held. The marker flags a reported price that did not pass the local price check.

Compare Q4 2025 vs Q3 2025 Across Filers

Q3 2025 holders
0
Q4 2025 holders
158
Holder diff
158
Investor Q3 2025 Shares Q4 2025 Shares Share Diff Share Chg % Q3 2025 value Q4 2025 value Value change Value Chg %
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